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British Airways reported a profit of £70 million ($128.8 million) on Monday for the three months ended June 30, in contrast to a loss of £63 million ($116 million) a year earlier. But several issues raised concerns about future results. For...

British Airways reported fourth-quarter pretax profit of £45 million ($80 million), in contrast to a loss of £200 million a year earlier. Helped by a cost-cutting program, the airline said its full-year income rose 70 percent, to £230 million...

British Airways said it would cut £300 million ($546.7 million) from its budget for its employees in the next two years, by encouraging unpaid leave, part-time work, early retirement and voluntary severance. Since the terrorist attacks of September...

Just one day after it resolved a costly labor dispute, British Airways reported its worst quarterly loss today and said a major strike in mid-July would cost up to $65 million. Like other airlines, British Airways, the largest European airline,...

August 1, 2003, Friday

After 27 years of supersonic travel lofting rock stars, executives and the rest of the Champagne set across the Atlantic, British Airways and Air France said today that they would retire their fleets of Concordes this year. The announcement brings...

After reducing costs by cutting jobs and abandoning money-losing routes, British Airways posted a £13 million ($21 million) profit in the third quarter in contrast to a net loss of £144 million one year earlier. The company plans further job...

In a better-than-expected recovery, British Airways said second-quarter net profit rose by almost 54 percent, to £40 million ($62 million), after costs were cut by 15 percent. But the airline warned that full-year sales would fall because of...

August 3, 2002, Saturday

After years of pinning its fortunes to the deep pockets of business travelers, British Airways announced a strategic flip-flop today, saying that it would try to compete with Europe's booming budget airlines by offering cheaper travel over the...

SIR RICHARD BRANSON, the chairman of Virgin Atlantic Airways, has never been shy about seizing an opportunity created by a rival's gaffe. So when Rod Eddington, the chief executive of British Airways, was reported to have called Hollywood stars...